Nov 24, 2014
SCOTTSDALE, AZ–(Marketwired – Nov 24, 2014) – QualityStocks today announces that a new audio interview with IFAN Financial, Inc. (OTC: IFAN) President and Chief Executive Officer, J. Christopher Mizer, is now available. The interview can be heard at http://www.QualityStocks.net/interview-ifan.php.
As Mizer explains in the interview, the mobile payments space is rapidly growing as consumers move toward new debit/credit card and online payment options. This growth creates the need for innovative payment technologies that safeguard consumer data, reduce costs, and provide ubiquitous convenience. IFAN and its two wholly owned subsidiaries, iPIN Technologies and Mobicash America, provide for these industry advantages.
Mizer’s extensive background in business and investments ultimately led him to the mobile payments market where he uses his experience to advance IFAN’s potential market adoption. The San Diego-based company now has a growing portfolio of solutions and, as discussed in the interview, recently surpassed three important major milestones.
“The first… is having a platform to raise capital and deploy investment dollars in a way that can exponentially create value for shareholders and provide the resources we need to build the business,” says Mizer. “So that first milestone was making an investment into a public company and getting it structured properly to bring in investment capital and pursue the space aggressively.”
Next, IFAN in-licensed a series of patents and has exclusive rights to the technology for the United States, Mexico, Japan and South Korea, as well as non-exclusive rights for the rest of the world. The Company plans on rolling out the technology for the IFAN platform next year. The company’s third milestone, says Mizer, was the acquisition of Mobicash America, an early-stage technology company that develops mobile payment and peer-to-peer solutions.
Continuing this momentum, Mizer anticipates that IFAN will accomplish two major objectives within the next couple of quarters.
“The first is to raise about $3 million of capital which will allow us to finish the beta development and testing of the technology platforms, and the second is to begin commercialization of those platforms,” he explains in the interview.
Corporate initiatives are spearheaded by a recently augmented leadership team, and Mizer wraps up the interview by describing the credentials of Mobicash America founder Christopher Menya, who joined IFAN as a director and its chief technology officer, as well as the rest of the company’s experienced management team.
About IFAN Financial, Inc.
IFAN Financial, Inc. and its wholly owned subsidiaries design, develop, and distribute software to enable mobile payments. These include the ability to use a debit card and corresponding PIN number while purchasing online on a mobile phone, tablet, or computer and peer-to-peer cash transfers.
For more information on IFAN Financial visit: http://IFAN.QualityStocks.net
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This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.